When I say that the foreign policy hitherto followed by Germany has been without aim and ineffectual, the proof of my statement will be found in the actual failures of this policy. Were our people intellectually backward, or if they lacked courage, the final results of their efforts could not have been worse than what we see to-day. What happened during the last decades before the War does not permit of any illusions on this point; because we must not measure the strength of a State taken by itself, but in comparison with other States. Now, this comparison shows that the other States increased their strength in such a measure that not only did it balance that of Germany but turned out in the end to be greater; so that, contrary to appearances, when compared with the other States Germany declined more and more in power until there was a large